Craig Phillips

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Financial planning

07 Aug

BGI takes a long-equity double vision

Barclays Global Investors Australia (BGIA) has launched a new absolute return long-short Australian equity fund to complement its first long-short equity fund released ba...

Financial planning

07 Aug

AMP hurt by compliance breach report

AMP shares took a further beating in trading this morning, falling more than 9 per cent or 44c to record lows of $4.31, following the leak of a draft audit report in the ...

Financial planning

06 Aug

BNP rolls out portfolio analysis tool to Australasian clients

BNP Paribas Securities Services, a wholly owned subsidiary of BNP Paribas, is now offering its Investment & Performance Reporting (IRP) service in Australia and New Zeala...

Funds management

06 Aug

Calming of storm for fund managers

The Australian funds management industry appears to have ‘turned the corner’ after end of year figures released by research house Dexx&r indicate a healthier state of aff...

Financial planning

04 Aug

Wesfarmers to offload Lumley Life

Wesfarmers is privy to and concurs with UK-based Edward Lumley Holdings (ELH) attempts to sell off Lumley Life prior to the Perth group’s planned purchase of the Lumley G...

Financial planning

01 Aug

Lumley to be Aussie by end of June

Lumley Life will become a fully owned Australian entity by the end of the month after Wesfarmers, one of Australia’s largest public companies, revealed it will conclude t...

Financial planning

01 Aug

Sterling takes graceful stake in OFM

Financial services group OFM Investment today announced that Sterling Grace Corporation, a New York-based investment fund specialising in the financial services sector ha...

Financial planning

01 Aug

ASIC to pressure ‘get-rich-quick’ schemes

The Australian Securities and Investments Commission will seek indirect influence in regulating real estate ‘get-rich-quick’ schemes when it releases findings from an ind...

Financial planning

01 Aug

Principal steadies local business and considers global fund

Principal Global Investors is considering launching a global property securities fund due to a “growing appetite among investors” for the asset class, and in Australia ha...

Accounting

01 Aug

AMP/PwC to launch accountant dealership

AMP and PricewaterhouseCoopers have combined to launch a new dealer group catering to the specific needs of chartered accountants considering expanding their service offe...